Russia will support the creation of a working group on WTO reform
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Russia will support the creation of a working group on WTO reform
Russia will support the creation of a working group on WTO reform – RIA Novosti, 10/27/2021
Russia will support the creation of a working group on WTO reform
Russia supports the working group on reform of the World Trade Organization (WTO), which could become a key platform for the relevant … RIA Novosti, 27.10.2021
2021-10-27T15: 21
2021-10-27T15: 21
2021-10-27T15: 21
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GENEVA, October 27 – RIA Novosti. Russia supports the working group on reform. .WTO at the beginning of consideration of the second review of Russian trade policy. The trade policy review meeting discusses, among other things, reports from the Russian side and the organization’s secretariat. “Russia supports the creation of a working group on WTO reform, which could act as a key platform for discussing issues related to WTO reform in an open, transparent and inclusive manner.” , including through the development of the “Concept of the WTO for the period up to 2030” for the next ministerial conference, “the document says. In addition, the reform should be an established institutional improvement. For example, the Russian Federation believes, the work of the regular bodies of the WTO should be optimized. “According to Russia, such discussions should meet the requirements for improving the dispute settlement procedures held within the framework of the special session of the Dispute Settlement Body,” the report says. The WTO Appellate Body has not functioned since December 2019 due to the blocking of the appointment of new arbitrators years and does not consider new appeals.
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USA, World Trade Organization (WTO), Russia
Russia will support the creation of a working group on WTO reform
WTO in consideration of the second review of Russian trade policy. At meetings of trade policy review bodies, reports of Russian organizations and organizations are discussed.
15:13
Russia in the WTO announced its intention to increase protectionism in the world
According to the report, Russia is in favor of a reform aimed at preserving the role of the WTO as an effective universal platform for fulfilling the functions of the new rules of international trade, as well as fulfilling its multilateral obligations.
“Russia supports the Working Group on WTO Reform, which could act as a Working Group on WTO Reform, which could act as a key platform for discussing issues related to WTO reform, in an open, transparent and inclusive manner. to achieve multilateral results, including through the development of the “Concept of the WTO for the period up to 2030” for the next ministerial conference, “the document says.
It is emphasized that WTO reform should focus on improving the organization’s negotiating, monitoring and dispute resolution functions. In addition, the reform must be institutionalized improvement. For example, the Russian Federation believes that the work of the regular bodies of the WTO should be optimized.
It is noted that Russia is open and ready for discussions with all WTO members to improve the dispute settlement system, including by solving problems with respect to certain judicial approaches and specific decisions, while maintaining, with certain features, the two-stage process of implementing judicial decisions and the principle of “negative consensus”.
“According to Russia.
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